01/24/2012
Amid predictions of job losses in the banking industry as credit growth slows, senator Bernie Ripoll's Parliamentary Joint Committee into the Future of Financial Advice (FoFA) legislation hearing yesterday fielded protests from a number of industry b
01/20/2012
A network of 12 foundations spread across France, Spain, USA and Israel is at the pivotal point of transitioning from a traditional charity giving approach to strategic philanthropy.
01/19/2012
Kiwibank did not disclose the acquisition price, but said GMI has more than NZ$1.5 billion ($1.2 billion) under management from more than 57,000 customers.
01/17/2012
HNWIs are people with $1 million in investable assets. Their total wealth has climbed by more than 14 percent since 2007 despite the financial crisis in 2008. In Asia-Pacific, their ranks swelled by 9.7 percent in 2010.
01/13/2012
The bank's co-head of Asian economics now forecasts another three cuts to China's banking reserve requirements by July, inviting lenders to keep back less of the money they take in deposits and so boost growth in credit.
01/13/2012
Axa reviewed several options and its strategy in Asia after the transaction, and decided to close the Ipac Hong Kong and Singapore offices, said Nikki Quinn, a project manager with Axa. The size of Axa's life insurance business doubled after the tran
01/13/2012
Gold will soar to $2,000 (£1,300) an ounce this year, according to industry insiders.
01/11/2012
The previous best sales record was set in 1978, the heyday of the Silver Shadow II, which was also during the depths of an economic winter.
01/11/2012
AmFamily Takaful Bhd (AmTakaful), which began operations today, is the country's 12th licensed takaful operator.
01/11/2012
Figures from research company Wealth-X show Perth is currently home to the fourth-highest concentration of ultra-wealthy in Australia, behind Sydney, Melbourne and Brisbane.
01/10/2012
According to a new study, the number of billionaires in India dropped by more than 30% in 2011. Press reports blamed the drop on the country’s stock market, which fell by 40% last year.